Alexandria Ocasio-Cortez tweeted that CEO pay had skyrocketed, in response to claim workers had become ‘arrogant’ since Covid
A multimillionaire Australian property developer who suggested the country increase the unemployment rate by 40% to 50% to create more productive workers has drawn a fierce reaction from US democrat“Reminder that major CEOs have skyrocketed their own pay so much that the ratio of CEO-to-worker pay is now at some of the highest levels *ever* recorded,” Ocasio-Cortez wrote on Twitter/X, after a video of Tim Gurner’s comments were circulated online.
“There is definitely massive layoffs going [on] and people might not be talking about it, but people are definitely laying people off and we’re starting to see less arrogance in the employment market and that has to continue because that will cascade across the cost balance.”the rate to increase to 4.5% by mid next year due to weaker household consumption.in June when she suggested the jobless rate would have to rise to 4.
“Just a reminder corporate profits and CEO pay are at historic highs,” he wrote. “Workers deserve a fairer slice of the pie.”
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘Disgusting’ and ‘entitled’: MPs slam Gurner’s call for job lossesPoliticians from both sides, and US left-wing icon Alexandria Ocasio-Cortez, have slammed billionaire Tim Gurner’s comments about unemployment needing to rise.
Read more »
$100,000 in illegal vapes seized in South Australian crackdownA South Australia-wide illegal vape blitz has uncovered the shocking lengths sellers are going to sell the highly addictive products to children.
Read more »
SBS On The Money: Gender balance on Australian boards improveFemale representation on the boards of ASX300 companies has reached a record high so Rhayna Bosch speaks with Dean Paatsch from Ownership Matters to find out why more work still needs to be done + SBS Finance Editor Ricardo Gonçalves speaks with David Scutt from City Index for a wrap of the markets.
Read more »
The NSW university taking Australian degrees to IndiaThe University of Wollongong’s new offshore campus will be ranked India’s second-highest university when it opens next week in Gujarat state.
Read more »
The NSW university taking Australian degrees to IndiaThe University of Wollongong’s new offshore campus will be ranked India’s second-highest university when it opens next week in Gujarat state.
Read more »
The NSW university taking Australian degrees to IndiaThe University of Wollongong’s new offshore campus will be ranked India’s second-highest university when it opens next week in Gujarat state.
Read more »